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Business Studies Explained

Business Studies Dictionary

If you've always wanted to know more about the terms used in business studies, you've come to the right place. In this section, the various terms related to business studies are introduced and explained. Business Studies is a wide field and has many different aspects. In our dictionary, you will find many different terms related to business studies. From sales management to target market analysis - here you can read everything you need to know about business studies!

Zwei junge Berufstätige analysieren Daten am Laptop – typisches Arbeitsumfeld vieler BWL Berufe im Büro oder Consulting.

Terms from business administration

Who hasn't heard of the many technical terms used in economics?  We come across terms such as cash flow, due diligence and VUCA in our studies, work and everyday life. A solid understanding of business management concepts is essential in order to understand economic relationships, make well-founded decisions and move confidently in your studies or professional life.

Munich Business School's business lexicon offers you a comprehensive collection of the most important terms in business administration - precisely defined, clearly explained and supplemented with practical examples. Whether you are just starting your studies, preparing for an exam or want to refresh your business knowledge for your job - you will find the right answers here.

Discover the most important terms from the fields of finance, marketing, corporate management, HR management, strategy, controlling and many other disciplines. So you'll be well prepared - for your studies, your day-to-day work and in business discussions.

Junge Frau mit Headset am PC – typisches Beispiel für BWL Berufe im Bereich Customer Service und Kundenkommunikation.

What is Business Studies Simply Explained?

Business Studies or Business Administration refers to the branch of economics that deals with the management of companies and organizations. It covers all areas of entrepreneurial activity, from strategic planning and operational implementation to controlling and cost accounting. Business Studies is divided into two major sub-disciplines that deal with different tasks and issues: the general business studies (or General Management) and the special business studies (or Function Management).

The most important
business terms explained.


Financial Dictionary

Get to know the study programs - The courses offered at MBS

Die Munich Business School bietet eine breite Palette an Studiengängen – vom Bachelor und Master über den MBA bis hin zum DBA in den Bereichen Betriebswirtschaft, Management und Unternehmensförderung. Hier ist eine Übersicht über das Studienangebot an der Munich Business School: Die Studiengänge sind praxisorientiert und ermöglichen es Studierenden, wertvolle Erfahrungen in der Geschäftswelt zu sammeln. Die Kurse werden von erfahrenen Professor*innen und Dozierenden aus der Industrie geleitet und vermitteln ein breites Spektrum an Kenntnissen und Fähigkeiten, die für eine erfolgreiche Karriere in der Wirtschaft erforderlich sind.

Bachelor International Business
Master All Master programs
MBA General Management
DBA Doctor of Business Administration

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Note on readability and salary information: The salary ranges given refer to Germany.